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Drone strikes gas storage tanker in Egypt's Mediterranean Port

Posted to Maritime Reporter on July 29, 2026

Ambrey, a maritime security company, said that a 'drone' reportedly impacted a U.S. owned gas storage tanker in Egypt’s mediterranean port of Damietta on Wednesday. The firm cited an initial assessment. Inchcape, a port services company, said…

Aramco offers additional crude oil cargoes to the Mediterranean amid Red Sea threat, sources claim

Posted to Maritime Reporter on July 23, 2026

Five trading sources report that Saudi 'Aramco' has offered to load additional crude cargoes?from Egypt’s mediterranean port of???????????????Sidi Kerir. This could indicate a possible shift in export routes, as _Houthi threats against shipping…

Iran's Guards claim two oil tankers "exploded" in the southern Strait of Hormuz

Posted to Maritime Reporter on July 19, 2026

The Islamic Revolutionary Guard Corps announced on Monday that two oil tankers had 'exploded' and 'become immobilized after trying to transit what they described as a dangerous southern route through the Strait of Hormuz. They claimed the U.S. Military had encouraged them to use this passage.

Iran Guards claim they targeted US Fifth Fleet in Bahrain and warn on energy routes

Posted to Maritime Reporter on July 14, 2026

The Islamic Revolutionary 'Guard Corps of Iran said that on a?Wednesday, it targeted what it referred to as command-and-control and?logistics facilities,...fuel, and military equipment belonging to the U.S. Fifth Fleet. The?response was?in response?to what they?said was U.S.

UAE: Iranian missiles hit oil tankers in Strait of Hormuz and one sailor was killed

Posted to Maritime Reporter on July 13, 2026

The United Arab Emirates Ministry of Defence announced on Tuesday that one Indian crew member died and eight other?were injured when two Emirati oil tankers were hit by Iranian cruise missiles in?the Strait of Hormuz. This was the latest escalation of the strategic waterway.

Gulf markets fall amid Middle East conflict escalation; Saudi edge higher

Posted to Maritime Reporter on March 30, 2026

The Gulf stock markets fell in early trading on Monday after Yemen's Houthis attacked Israel?overnight, further escalating U.S. and Israel conflict with Iran -and its proxies - in the Middle East. Donald Trump, the U.S. president, said that…

Bousso: Geopolitical turmoil provides OPEC+ with cover to increase production cautiously.

Posted to Maritime Reporter on February 26, 2026

OPEC+ will meet on Sunday to decide its next production step amid increased geopolitical tensions that affect nearly a third?of?its output. This volatility could give the group the cover it needs to maintain its narrative of a balanced market, even though the facts in the field suggest otherwise.

As tensions with Iran simmer, the US provides new guidance to vessels passing through the Strait of Hormuz.

Posted to Maritime Reporter on February 10, 2026

As tensions grew between Washington and Tehran due to Iran's nuclear program, the United States provided new guidance for commercial vessels that transited the Strait of Hormuz. This is a major?shipping route? for Middle East oil. Iran has in the past threatened to shut down the Strait of Hormuz.

US may use Export-Import bank for Venezuela oil projects, energy chief says

Posted to Maritime Reporter on January 9, 2026

Energy Secretary Chris Wright told reporters that there is a "real possibility" the U.S. might use its Export-Import Bank to 'fund large oil projects' in Venezuela. This was before President Donald Trump met with industry executives later on Friday.

What is on the agenda of US-Japan discussions?

Posted to Maritime Reporter on October 28, 2025

In talks between Prime Minister Sanae Takayi and President Donald Trump, the U.S. revealed that 20 companies were interested in key projects such as critical minerals and AI. Tokyo may have agreed to invest $550 billion in the U.S. as part of an agreement on tariffs.

Infantino: FIFA will help Gaza rebuild its football infrastructure

Posted to Maritime Reporter on October 14, 2025

Following the peace summit held in Egypt on Monday, FIFA President Gianni Infantino promised to support efforts to rebuild the football infrastructure in Gaza. This is part of a larger post-war reconstruction effort. Infantino attended the meeting in Sharm El-Sheikh, a resort on the Red Sea.

Traders say EU wheat exports to Morocco get a tax break

Posted to Maritime Reporter on November 7, 2024

Moroccan importers booked several loads of European Union wheat over the past few days, boosting EU exports amid fierce competition in the Black Sea so far this year, traders reported on Thursday. According to traders, Moroccan buyers purchased…